Placement and operation strategy of FACTS devices using optimal continuous power flow

In this paper, an effective method is presented to determine the security margin against voltage collapse, and improve it by means of FACTS devices in the optimal continuous power flow framework. The primary methods for determining the systemʹs critical states of voltage collapse points are based on the convergence of the Newton-Raphson method in various iterations. Unlike these methods, in this investigation, a method based on sequential quadratic programming is proposed to overcome the divergence of the problem near the critical states, and also to incorporate operation and control constraints through optimal continuous power flow. Furthermore, two FACTS devices, the Thyristor-Controlled Series Capacitor (TCSC) and the Static VAR Compensator (SVC), are mathematically represented and employed in the optimization process to improve the security margin. The proposed method is implemented on a practical power network to investigate the efficacy of the method